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The credit union's bond of association has widened to include members' brothers, sisters, nieces, nephews, aunts, uncles and parents. In 1950 GSB was the first credit union in Jamaica (and the Caribbean) to contract with the CUNA Mutual Insurance Society to protect members' savings and loans, standard for all credit unions.
The bank opened a branch in Kingston, Jamaica, in 1889 to facilitate the trading of sugar, rum, and fish. This was Scotiabank's first move into the Caribbean and historically the first branch of a Canadian bank to open outside of the United States or the United Kingdom. [5] [11] In 1899, Scotiabank opened a branch in Boston, Massachusetts.
Jamaica is a mixed economy with both state enterprises and private sector businesses. Major sectors of the Jamaican economy include agriculture , mining , manufacturing , tourism , and financial and insurance services.
NCB Financial Group Limited is the parent company of the National Commercial Bank of Jamaica, the largest and most profitable financial institution in Jamaica. It is also the majority shareholder of Guardian Holdings Limited , [ 1 ] one of the largest insurance providers in the Caribbean, and of Clarien Group Limited , a banking and investment ...
Banking in Jamaica (2 C) F. Financial services companies of Jamaica (2 C, ...
ICAJ was established in 1965, three years after Jamaica gained its independence. The 1968 Public Accountancy Act was the statute for the incorporation of the ICAJ. In July 1980 the institute bought its property at 8 Ruthven Road, Kingston for the ICAJ headquarters.
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